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Welcome to the latest CFD Bulletin from Low Carbon Contracts Company (LCCC). To view, please click here.
Welcome to the latest Supplier Bulletin from Low Carbon Contracts Company (LCCC). To view, please click here.
ESC has today received a letter from BEIS requesting that capacity payments are suspended with immediate effect, following the decision by the General Court of the Court of Justice of the European Union annulling the European Commission’s state aid approval of the Capacity Market. From today ESC has therefore suspended all capacity payments and collection of the Capacity Market Supplier Charge that funds them from electricity suppliers. We will be returning to electricity suppliers their share of any funds for 2018/19 capacity payments that we are currently holding. We have also commenced a process to return to electricity suppliers (who fund the scheme) and capacity providers (who benefit from the scheme), any credit cover we are holding in respect of payments that have now been suspended.
LCCC is launching a new training course aimed at introducing developers of low carbon generation to the CFD scheme and LCCC (the CFD Counterparty). To find out more and to register please click for here.
PPT slides are now available for you to download, please click here.
LCCC is delighted to announce that five projects representing over 95% of the capacity signed following the second Contracts for Difference (‘CFD’) Allocation Round have passed their first milestone, demonstrating that the CFD continues to be successful in securing investment into new build low carbon generation in Great Britain. To read more, click here
On Tuesday 16 October 2018, the LCCC Forecasting team will be hosting a Webinar on the Interim Levy Rate (ILR) and Total Reserve Amount (TRA) for Q1 2019. Please register your interest for this webinar by Wednesday 10 October 2018 via emailing firstname.lastname@example.org. Kind regards, LCCC
Low Carbon Contracts Company (LCCC) and Electricity Settlements Company (ESC) today announce that their Chair, Dr Martin Read CBE, will be leaving to take up a new role as Chair Designate of the new independent British energy supply and services company that SSE plc (SSE) and innogy SE (innogy) have agreed to form, subject to necessary regulatory approvals. To read the full Press Release, click here.